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Property profile & analytics
FOR SALE
Industrial properties
675 West Shore Rd Warwick, RI 02889
Individually Owned
8-yr Hold
~
Est. High Equity
Property ID
US76-0414485
For Sale
1 / 10
$1,595,000
675 West Shore Rd, Warwick, RI 02889
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1950
Construction
FRAME
Total area
17,326 SF
Lot
1 ac (43,560 SF)
Zoning code
GB
APN
WARW M:331 B:0300 L:0000
UPID
US76-0414485
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.24M
Comparable Approach
Comparable
$782k
Blend (final)
Blend
$1.10M
Owner & transaction history
Marie Houze · 8 yrs held
Marie Houze
since 2017
3 recorded transactions
Zoning & alternative use
GB · Warwick, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Warwick submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Warwick submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,345,000
6.5%
$1,240,000
7%
$1,150,000
Blend value · Realmo final
$1.10M
Range $986k – $1.20M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$63 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$14,151
Tax year 2023
Assessed value
$569,900
Assessed 2023
Previous assessed
$508,500
+12.1% YoY
Effective rate
2.48%
On assessed value
Assessed land
$149,600
Assessed improvement
$420,300
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
For Sale
Year built
1950
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
1
Units
1
Total area
17,326 SF
Lot
1 ac (43,560 SF)
Zoning code
GB
APN
WARW M:331 B:0300 L:0000
UPID
US76-0414485
Jurisdiction
WARWICK
Zoning & alternative use
GB · Warwick, RI
Zoning GB · permitted uses
GB · Warwick, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Warwick. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1950
Construction
FRAME
Heating
FORCED AIR
Stories
1
Buildings
1
Units
1
Lot
1 ac
Current owner
From public records · entity-resolved
Marie Houze
Individual
Mailing address
675 W SHR RD, WARWICK, RI 02889-1352
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 25, 2017
$525,000
Marie Houze
Nowak Realty Assoc
Quit Claim Deed
$470,000 · Nowak Realty Assoc
Oct 29, 2015
—
Nowak Realty Assn LLC
Msnks Realty Warwick LLC
Quit Claim Deed
related
—
Sep 8, 2006
$599,000
Hdl Realty LLC
Nowak,bogdan
Grant Deed
$510,000 · Bogdan Nowak
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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